Welspun Corp shares rally 5% as firm bags Rs 2,000 crore order from Saudi Aramco; stock up over 230% YTD
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4 Articles
Welspun Corp, Welspun Enterprises hit 52-week highs after order wins; stocks jump up to 5% today
Welspun Corp and Welspun Enterprises recently announced new contracts that significantly elevated their market positions. The companies experienced notable stock surges, with returns of 236% and 90% over six months, underscoring their successful strategy in specialized engineering segments.
Welspun Corp shares rally 5% as firm bags Rs 2,000 crore order from Saudi Aramco; stock up over 230% YTD
Welspun Corp shares are in focus after its associate company EPIC secured a Rs 2,000 crore Saudi Aramco order for steel pipes. The stock has surged 232% in 2026, leading the Nifty 500 this year. Earlier this month, Welspun Corp also signed an MoU with Perma-Pipe International Holdings Inc.
Welspun Corp Shares Hit Record After Aramco Order, Outrunning Broker Targets
Mumbai, September 21, 2026, 12:11 (IST) Welspun Corp traded 2.5% higher after touching a record ₹2,797.60.The SAR771 million Aramco order belongs to East Pipes, a 22%-owned associate.The 12:06 price exceeded the latest average analyst target by 5.9%. Welspun Corp Limited (NSE:WELCORP) reached a record after its Saudi associate won a large Aramco contract. Shares traded…
Welspun Corp Shares Rally 2% on Aramco Pipe Deal
Welspun Corp shares hit a fresh intraday high on Monday after its Saudi associate EPIC secured a Rs 2,000 crore pipe supply order from Aramco. The contract covers the manufacturing and supply of steel pipes to Aramco, the Saudi state owned oil giant, and Welspun Corp confirmed the update through...
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